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Originally posted by mybigunit
reply to post by LightinDarkness
My pal lightindarkness I knew you would come around here. I have a small confession to make though. Ive been shorting stocks for the past 2 months but friday I made a big mistake and started going long thinking we would see a relief rally.....I guess Ill be one of the many hurting tomorrow.
Originally posted by Gools
I'm gonna make a pure speculative prediction here...
Tomorrow the FED announces an emergency rate cut (50 bp?) instead of waiting for it's next meeting on January 30th.
Fund manager PIMCO asks Fed to cut interest rates
Mon Jan 21, 2008 11:41pm EST
PHILADELPHIA, Jan 21 (Reuters) - Bond fund PIMCO on Monday called on the Federal Reserve to cut interest rates immediately as fears of a U.S. recession weighed on stocks worldwide.
Instead of waiting for the next meeting of the Federal Reserve, PIMCO managing director Paul McCulley said rates should be cut now.
Last June, a revealing marketing video from the law firm Cohen & Grigsby appeared on the Internet. The video demonstrated the law firm's techniques for getting around U.S. law governing work visas in order to enable corporate clients to replace their American employees with foreigners who work for less.
Originally posted by LightinDarkness
running will only guarantee that you LOSE.
Originally posted by infinite
FTSE 100 has closed nearly 6% down
German DAX has dropped 7%!!
Friggin' pray for a rebound tomorrow, please please please! pray for it!!
Originally posted by Dulcimer
Originally posted by CyberSEAL
We need to go through this and come out on the other end with a _real_ world economy.
Bring back the barter system!